Final answer:
The sentence with correct capitalization is "On June 16, 1965, Bob Dylan recorded the song, 'Like a Rolling Stone.'" It takes into account proper nouns, titles, and standard rules for capitalization of song titles.
Step-by-step explanation:
The question pertains to the correct capitalization of a sentence describing a historical event involving American musician Bob Dylan. The correct capitalization of the sentence is: On June 16, 1965, Bob Dylan recorded the song, "Like a Rolling Stone." In this sentence, 'June' is capitalized because it is the name of a month, 'Bob Dylan' is capitalized because it is a proper noun, and 'Like a Rolling Stone' is capitalized because it is a song title. Each major word in the song title is typically capitalized according to title case rules.